fluctuation in Futures mkt

#1
Hello Traerji,

I m a novice in field of Stock market

If the price of a futures contract is fixed,then how come the price of the contract keeps on fluctuating daily
Do people trade it.i.e. do they buy and sell the contract like in cash market once th IPO of the company is released, Whats the procedure? Plz help!!
 

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